Why is Warren Buffett Buying Kroger stock? Archives

daniel February 17, 2020February 17, 2020 1. Berkshire Hathaway (NYSE: BRK.B), Buffett Hedges his Bet on Online Grocery Delivery, Is Buffett betting for or against Grocery Delivery at Kroger?, Is Kroger a Good Dividend Stock?, Is Kroger Making Money?, Is Kroger the Future of Grocery and Meal Delivery?, Is Warren Buffett Right about Kroger?, Kroger (NYSE: KR), Ocado Group PLC (LON: OCDO), The Kroger Co. (NYSE: KR), Why is Warren Buffett Buying Kroger stock?

Is Warren Buffett Right about Kroger?

Buffett is showing his contrarian views here by rejecting the conventional wisdom that Apple is the future and Kroger is the past. Additionally, Buffett is selling an expensive stock for cash. Mr. Market was paying $324.95 a share for Apple on 14 February 2020. I think Buffett thinks Mr. overprices Apple, and I agree.